Present value of winning lottery ticket
You have just won a lottery! You will receive $50,000 a year beginning one year from now for 20 years. If your required rate of return is 10%, what is the present value of your winning lottery ticket?
Now Priced at $5 (50% Discount)
Recommended (96%)
Rated (4.8/5)
INFORMATIVE: This year voters sent the first Hindu to the U.S. House of Representatives and the first Buddhist to the U.S. Senate. What do these and similar elections of religious/ethnic minorities portend for the U.S. government?
The debt and equity option would consist of 16,000 shares of stock plus $270,000 of debt with an interest rate of 6 percent. What is the break-even level of earnings before interest and taxes between these two options?
If firms use the company cost of capital for evaluating all of their projects, which of the following is likely? I) Accepting poor low risk projects.
Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,930,262.
Company is open 7 days a week and has a daily payroll of $1750. employees are paid every friday, december 31 is a tuesday. 30% of payroll is for HR employees and 70% for IT employees.what is the correct adjusting entry?
To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,600,000 purchase price. The monthly payment on this loan will be $11,000. What is the effective annual rate on this loan?
What is the cost of internal common equity if the long-term growth in dividends is projected to be 4 percent indefinitely?
The Valasquez Company, a maker of a variety of metal and plastic products, is in the midst of a business downturn and is saddled with many idle facilities.
1945673
Questions Asked
3,689
Active Tutors
1450391
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
A patient with advanced cancer has several morphine orders to manage pain. There is a continuous infusion ordered to run at 6 mg per hour
A 36-year-old client undergoes a modified radical mastectomy. The nurse determines that the client understands the schedule for self-examination
Question: What drugs are used to treat acute and painful musculoskeletal conditions?
Question: For each of the following findings in the clients medical record, click to specify if they are consistent with angina or a MI.
Question: What is the "gold standard" for determining if an exercise intervention increased cardio-respiratory fitness?
The nurse-is teaching a class of staff nurses- about hospital-a acquired i infections associated with Clostridioides difficile.
Surgical Intensive Care Unit at Memorial Hospital had 400 inpatient service days during March. What is the percentage of occupancy?